Singtel, Grab and Great Eastern Holdings, the insurance unit of Oversea-Chinese Banking Corp, are discussing the formation of a consortium following Singapore’s decision to open online banking to non-bank firms, said the people, who asked not to be identified because the discussions are private.
SINGAPORE (Nov 28): Singapore Telecommunications is in talks with companies including Grab Holdings Inc to jointly bid for a digital banking licence in the city-state, according to people familiar with the matter.
